RNST.NYSERenasant CORP

Form 4: Renasant Corp Director Edward Robinson McGraw Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Edward Robinson McGraw, a director and COB & Exec Chair of Renasant Corp, reports the acquisition and disposal of common stock related to restricted stock vesting and tax obligations.

Summary

  • On April 22, 2025, Edward Robinson McGraw, a director at Renasant Corp, reported changes in his beneficial ownership of the company's common stock.
  • He disposed of 1,033 shares to cover tax obligations related to previously reported service-based restricted stock that vested on April 22, 2025.
  • The shares were disposed of at a price of $27.91.
  • McGraw also acquired 2,582 shares of service-based restricted stock under the 2020 Long Term Incentive Plan, which will vest on April 28, 2026.
  • Following these transactions, McGraw beneficially owns 243,743 shares of Renasant Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and does not indicate any significant positive or negative developments for the company.

Positives

  • The acquisition of 2,582 shares of restricted stock indicates continued alignment of the director's interests with the long-term performance of the company.

Future Outlook

The newly acquired restricted stock will vest on April 28, 2026.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing is typical for executives receiving and vesting restricted stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
04/23/2024Date of original service-based restricted stock award.
04/22/2025Date of transaction and vesting of restricted stock.
04/23/2025Date of signature on the Form 4 filing.
04/28/2026Vesting date for the newly acquired service-based restricted stock.

Keywords

beneficial ownership, Form 4, Renasant Corp, RNST, Edward Robinson McGraw, restricted stock, insider trading

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